Black Knight, Inc., a Jacksonville, Florida-based provider of software, data, and analytics solutions to the mortgage and consumer loan, real estate, and capital market verticals, announced that affiliates of Thomas H. Lee Partners, L.P., intend to offer for sale 4,000,000 shares of the company’s common stock pursuant to a shelf registration statement filed with the SEC, of which the company intends to repurchase from the underwriter 1,000,000 shares of common stock. The shares will be offered to the public at a fixed price, which may be changed at any time without notice.
The selling shareholder will receive all of the net proceeds from this offering. No shares are being sold by the company.
The company's per-share purchase price for the repurchased shares will be the same as the per-share purchase price payable by the underwriter to the selling shareholder. The company intends to fund the share repurchase with borrowings under its revolving credit facility.
Goldman Sachs & Co. LLC will act as the underwriter for this offering.
An automatic shelf registration statement (including a prospectus) relating to the offering of common stock was filed with the SEC on November 20, 2017, and became effective upon filing. Before you invest, you should read the prospectus in that registration statement and the documents incorporated by reference in that registration statement as well as the prospectus supplement related to this offering. You may obtain these documents for free by visiting EDGAR on the SEC website at www.sec.gov. When available, copies of the prospectus supplement and accompanying prospectus related to the offering may also be obtained from Goldman Sachs & Co. LLC, Attn: Prospectus Department, 200 West Street, New York, New York, 10282; telephone: 866.471.2526; facsimile: 212.902.9316, email: [email protected].
Black Knight is a provider of integrated software, data, and analytics solutions that facilitate and automate many of the business processes across the homeownership lifecycle.
Black Knight is committed to being a premier business partner that clients rely on to achieve their strategic goals, realize greater success and better serve their customers by delivering best-in-class software, services, and insights with a relentless commitment to excellence, innovation, integrity, and leadership.